Quote on today`s Nifty 05 January 2022 By Rohit Singre, LKP Securities
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Below is quote on today`s Nifty 05 January, 2022 by Rohit Singre, Senior Technical Analyst at LKP Securities
"Index closed the day on a positive note for consecutive fourth session at 17925 with nearly one percent and formed a bullish candle on the daily chart. Now index has reached near its good hurdle zone of 18000-18100 zone where one can look for trimming their long position also if managed to sustain above said resistance we may see fresh breakout & then we may inch towards previous swing high, on the other hand good support zone is formed near 17800-17700 zone any dip near mentioned support zone will be again fresh buying opportunity"
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